On Our Own Frederick County Inc

Analysis

On Our Own Frederick County Inc is a registered charity in United States, based in Frederick, MD. It received its IRS tax-exemption ruling in January 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, On Our Own Frederick County Inc reported income of $251k and spending of $246k, spending 98% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $230k to $251k (+9.2%), an average of +9.2% a year. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, On Our Own Frederick County Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within MD. Charities of a similar size with the same main cause include Foster Hearts ($251k), Friends of the Veterans Memorial Senior Center ($251k) and Heart Heroes Inc ($251k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 6.0% of the total. Compensation of current officers, directors and key employees was $59k (24% of expenses). Other salaries and wages came to $91k. At year end it held assets of $68k against liabilities of $31k, net assets of $37k. It reported 12 employees.